All covered: China Re on solid footing for $2bn IPO

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All covered: China Re on solid footing for $2bn IPO

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Hong Kong on a map | ibphoto - Fotolia

China Reinsurance opened its HK$15.6bn ($2.01bn) IPO with a bang on Monday, putting around half the deal in the hands of cornerstones and sending out a covered book message just hours after launch.

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